The Death of Equities

August 13th marked the 40th anniversary of BusinessWeek’s famous cover and cover story, “The Death of Equities: How Inflation is Destroying the Stock Market”.

At the time of that writing, the S&P 500 closed at 107.42.

Today, as I write, the S&P 500 is north of 2,900.

The fuel of financial journalism is negativity. The same tired crap is being written today. Really, don’t read or listen to it. It can only cause you to underperform. Read something happy … and factual.